WASHINGTON, D.C. – The World Bank is being urged to drop a $50 million loan to Pronaca, Ecuador’s biggest livestock producer, because of its harmful impact on the environment and rural and indigenous communities and violations of the Bank’s own policies. The World Bank’s International Finance Corporation (IFC) board is expected to make a decision on the loan at a meeting on Friday 22 May.
The loan from the International Finance Corporation, the private lending arm of the World Bank, would finance the expansion of Pronaca’s pork and chicken operations in Ecuador. The company, which has an annual turnover of almost $1 billion, manages over 115 industrial pig and poultry operations in Ecuador and has received at least $120 million worth of loans from the World Bank since 2004.
World Bank To Help MTN Grow Its Human ATMs Mobile Money Network
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MTN, World Bank unit partner on mobile money roll-out in South Africa
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Mr. Sergio Pombo Joins SolarWindow to Lead Government Relations & Public Funding
April 26, 2021 08:30 ET | Source: SolarWindow Technologies, Inc. SolarWindow Technologies, Inc. New York, New York, UNITED STATES
NEW YORK and SEOUL, South Korea, April 26, 2021 (GLOBE NEWSWIRE) SolarWindow Technologies, Inc. (Symbol: WNDW), developer of transparent LiquidElectricity™️ coatings and processes which generate electricity on plastics and glass, today announced the appointment of Mr. Sergio Pombo as Senior Advisor, Government Relations and Public Funding. Working with institutional clean energy investors, Mr. Pombo is Co-Founder of Berkana Private Equity, LLC and a Member of the Center for Study of the US Presidency and Congress. Previously, he founded and served as Head of the private equity practice at the Green Climate Fund (GCF). GCF is the largest climatic fund for emerging markets. GCF secured an initial $3 billion capital co